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Updated RecentlyThe Yellow Balloon vs Bishops Barbershop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Yellow Balloon vs Bishops Barbershop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $55,000 - $103,500 | $213,000 - $294,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 4% | - |
| Advertising Fee | - | - |
| Year Founded | 1983 | 0 |
| Year Franchised | 2000 | 2008 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About The Yellow Balloon
Nadia Pidgeon opened her first The Yellow Balloon children's hair salon in 1976 near UCLA and a second location five years later near Universal Studios, serving the children of celebrities, like Warren Beatty, and child stars, like the Olsen Twins. The company began franchising in 2000.
Each The Yellow Balloon salon caters to kids, featuring mini-arcades and toy boxes, and offering young customers balloons, cookies and popcorn. To commemorate a baby's first haircut, parents are given a framed photo, certificate and lock of hair. Adults can also have their hair cut at The Yellow Balloon.
About Bishops Barbershop
Our team has many years of barbershop, retail and franchising experience. We have a hands-on approach that is delivered in our training and field support to franchisees. We work with you at each step you take in developing your Bishops Barbershop business. An end-to-end solution is provided, including Bishops' point of sale system and integrated information system. Administrative support is provided in person and on-line. We train you in how to create the Bishops mystique in your market so that you are building your own business while building our mutual brand. Your protected territory based on population and site location qualification is provided by the corporate team. A Bishops is economical in its cost of development and build-out using local off the shelf materials and supplies. We know that once customers try us, they will become regulars, because Bishops is more than a place to get a haircut; it's a lifestyle. We are a 21st century version of the old barbershops you see in the movies. People come in to hang out, talk, have a good time and get high-end salon quality services without the pretentiousness or expensive prices.